What Did Giant Altcoin Whales Do During Bitcoin’s Rise? Here Are Their Transactions

With Bitcoin surpassing the $120,000 level again, whale activity is attracting attention in the cryptocurrency ￰0￱ of dollars in transfers and leveraged trades have been recorded in the last 24 ￰1￱ to the data, a whale deposited 11.04 million USDC on the HyperLiquid exchange and purchased 2,584 ETH at $4,274. Meanwhile, a famous PEPE whale sold 501 billion PEPE tokens to buy 1,112.37 ETH ($4.6 million) and 561,923 EIGEN tokens to buy 188.62 ETH ($819,000). He then converted these ETH to USDC, deposited 5.53 million USDC tokens on decentralized cryptocurrency exchanges, and opened positions for ASTER (2x long) and XPL (3x long). Another whale initiated a 3x leveraged long position in PUMP token by depositing 5 million ￰2￱ News: Experienced Crypto Analyst Warns: “Stay Away from These Three Major Altcoins for Now” Meanwhile, the surge in Bitcoin's price has put short positions in a difficult position.

A whale with the address 0x5D2F deposited 12 million USDC to hedge his 2,041 BTC ($241.8 million) short ￰3￱ move updated the new liquidation price to $123,410. On the Ethereum side, some whales used the rise for profit-taking: Trend Research deposited 24,051 ETH ($104.3 million) into Binance in the last 9 ￰4￱ OTC whale 0xd8d0 sold 20,830 ETH ($98.3 million) on ￰5￱ early investor 0x0FeA has deposited 4,000 ETH ($17.31 million) into Kraken. *This is not investment ￰6￱ Reading: What Did Giant Altcoin Whales Do During Bitcoin’s Rise? Here Are Their Transactions